Norbord Announces Accounts Receivable Securitization Facility

    TORONTO, Nov. 30 /CNW/ - Norbord Inc. (TSX:NBD) announced today it has
finalized a US $50 million accounts receivable securitization facility.
    This facility provides the company with an additional cost-effective
source of liquidity. Norbord's accounts receivable pool could support up to a
$100 million securitization and the Company will pursue opportunities to
increase the facility in the future.

    Norbord Inc. is an international producer of wood-based panels and is a
publicly traded company listed on the TSX under the symbol NBD.

For further information:

For further information: Robin Lampard, Vice-President, Treasurer, (416)

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